Any good alternative to Interactive Brokers or Etrade in Australia?

Discussion in 'Retail Brokers' started by Dom90, Jun 17, 2021.

  1. Like others have mentioned, the learning curve with NinjaTrader is much easier and it allows you to intuitively place trades directly on the chart from day 1.

    Many of our VPS customers in Australia use our servers for running NinjaTrader connected to their Interactive Brokers brokerage accounts.

    NinjaTrader is both the name of the futures broker and the charting/execution software. But you can use just the charting software without having a brokerage account with them and connect it to other brokerage accounts like Interactive Brokers.
     
    #11     Jun 17, 2021
    murray t turtle and RedDuke like this.
  2. If IB's platform look complex to you, for sure the other platforms will be much more complex. I think it is the most simple platform out there. What is so complex about it ? There is a watchlist, a submit order panel, a price screen showing market depth and a chart if you need. I don't understand whats so difficult about it. You might wanna use a bank instead of broker and give your orders by phone maybe ?
     
    #12     Jun 17, 2021
    murray t turtle and DiceAreCast like this.
  3. RedDuke

    RedDuke

    yeah, I did not get the whole thing why it is complex. I have see. Some really complex platforms over the years.
     
    #13     Jun 17, 2021
  4. 777

    777

    It does not sound like you have the mindset of a winner.

    Be around people who are better than you and you will move in their direction, if you really listen to them.
     
    #14     Jun 18, 2021
  5. maxinger

    maxinger

    right. IB is the most complex trading platform in the world.
    It also comes with complex English.
    and if you try to open an account, you have to go through hundreds of pages and
    millions and millions of words.
    But I am still using it.

    There are many other trading platforms that are easy to use.
    But the range of products for trading is limited.
     
    Last edited: Jun 18, 2021
    #15     Jun 18, 2021
  6. What do you want to trade? Stocks, options, futures, forex?
     
    #16     Jun 18, 2021
  7. %%
    Frankly, any charts are complex [not really intuitive].His key words in his 2nd comments seem to be ''intuitive. '' WHEN you get used to good charts, no problem.
    BUT even IBKR said [in writing ] get 2 brokers; one to answer the phone...........................
    It would interesting to know the reason SCHW pulled out Australia -2 times?? Anybody know the real reason??
     
    #17     Jun 21, 2021
  8. sandy_s

    sandy_s

    The originator of the thread has not replied since starting the thread...

    Anyway, if you are not going to use any of the functionalities other than placing orders, you are better off using someone like commsec, nabtrade, etc. They may charge more in commission but no market data fee. And works out better for infrequent trading.
     
    #18     Jun 21, 2021
    murray t turtle likes this.
  9. %%
    ACTUALY I"M fairly optimistic about etrade/MS bought them.
    They have so much to improVe since i used them years ago/worst broker i used in 50 year$. I got better fills from IBKR /SCHW.........................................................AMTD had better customer service. I dont really fault etrade for dumb+ stupid ads=that an ad agency problem/ LOL
    i noticed in IBD rather extensive broker survey\guess who was not in the top 50%???:caution::caution:,:caution::caution::caution::caution::caution::caution::cool::cool: Good question otcTrade. Hint =SCH,IBKR, Fidelity, Trade Station ......was in top 50%
     
    #19     Jun 22, 2021
  10. I felt the same when I first started but it gets easier. I use Elitetrader. It seems pretty easy to me. See, if you find it better.
     
    #20     Jul 12, 2021